Two states defy national new home sales slowdown
Two Australian states defied the national trend, recording an increase in the sales of detached houses in April.
The western growth corridor of Melbourne, where greenfield sites meet new homes. (Photo by RPM Group) (Image source: Shutterstock.com)
Western Australia and Victoria have defied a national trend, recording an increase in the sales of detached houses in April.
All other states experienced a fall, with New South Wales sales dropping by 9.4 per cent, while South Australia declined by 2 per cent to be almost 43 per cent lower than during the same quarter last year.
The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is …
